Homes for sale - 349 Spring Street, Galena, IL 61036

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

$565,000

Est. payment - /mo

8 Beds

8 Baths

3,160 SqFt

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UPDATED:

10/17/2024 12:41 AM

Key Details

Property Type Single Family Home

Sub Type Bed & Breakfest

Listing Status Active

Purchase Type For Sale

Square Footage 3,160 sqft

Price per Sqft $178

MLS Listing ID 202405927

Style Bed & Breakfest

Bedrooms 8

Full Baths 8

Annual Tax Amount $10,770

Tax Year 2023

Lot Size 10,454 Sqft

Property Description

Own a piece of Galena’s rich history and a successful hospitality business with this stunning 8-bedroom, 8-bathroom historic inn, built in 1838. Ideally located just steps from Galena’s bustling Main Street, with ample parking in a private lot. This well-preserved property has been thoughtfully transformed into a thriving boutique hotel, offering a perfect blend of historic charm and modern conveniences for today’s independent traveler. Each of the eight private suites features its own ensuite bath, ensuring guest comfort and privacy. The inn is equipped with modern amenities like Ecobee smart thermostats, smart locks with keypad and key entry, smart TVs, mini-fridges with freezers, Keurig coffee makers, and eco-friendly toiletries from Public Goods, making it a favorite among discerning guests. Select rooms with a private entrance are also pet-friendly, broadening its appeal to a wide range of travelers. The inn's business operations are designed for ease and efficiency with online booking systems and minimal hands-on management. Guests enjoy shared spaces such as full kitchen, dining room, cozy lounge, and picturesque outdoor areas that offer a variety of relaxation options—from lounging in the canopy bed on the screened-in-porch with a book to gathering around the campfire for s'mores or enjoying picnics at the outdoor tables. The sale includes not just the property, but also the established and profitable business, complete with a loyal customer base and excellent reviews. With the road construction completion and private parking walkable to Galena’s shops, restaurants, and entertainment, the inn is perfectly situated to attract visitors seeking both history and convenience. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to step into a turnkey hospitality business, this historic inn offers tremendous potential. With flexible rental options, it’s perfect for weekend travelers, wedding parties, and large groups. This property has been rezoned to downtown commercial, offering the option for retail, a restaurant, spa, or whatever else you can dream up (and get approved by the city). Don’t miss this rare opportunity to own a piece of Galena’s history while running a successful boutique hotel. Contact us today to explore this unique investment in both real estate and hospitality! Seller is a licensed real estate agent.

Location

State IL

County Jo Daviess County

Rooms

Family Room No

Basement Partial

Primary Bedroom Level Main

Dining Room Yes

Interior

Hot Water Natural Gas

Heating Forced Air, Zoned, Natural Gas

Cooling Central Air, Zoned

Fireplaces Number 3

Fireplaces Type Gas

Exterior

Exterior Feature Brick/Stone, Wood, Stucco

Roof Type Shingle

Building

Sewer City/Community

Water City/Community

Schools

Elementary Schools Galena, Galena

Middle Schools Galena

High Schools Galena

School District Galena

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NorthWest Illinois Alliance of REALTORS®

Listed by DC Rise Real Estate

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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349 Spring Street Galena, IL 61036

Joanna Lewkowicz

Joanna Lewkowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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349 Spring Street